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SECUVE Co (XKRX:131090) Days Payable : 364.16 (As of Mar. 2024)


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What is SECUVE Co Days Payable?

SECUVE Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩1,012 Mil. SECUVE Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩254 Mil. Hence, SECUVE Co's Days Payable for the three months ended in Mar. 2024 was 364.16.

The historical rank and industry rank for SECUVE Co's Days Payable or its related term are showing as below:

XKRX:131090' s Days Payable Range Over the Past 10 Years
Min: 171.35   Med: 233.68   Max: 387.2
Current: 180.78

During the past 13 years, SECUVE Co's highest Days Payable was 387.20. The lowest was 171.35. And the median was 233.68.

XKRX:131090's Days Payable is ranked better than
81.79% of 2531 companies
in the Software industry
Industry Median: 50.13 vs XKRX:131090: 180.78

SECUVE Co's Days Payable increased from Mar. 2023 (277.35) to Mar. 2024 (364.16). It may suggest that SECUVE Co delayed paying its suppliers.


SECUVE Co Days Payable Historical Data

The historical data trend for SECUVE Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SECUVE Co Days Payable Chart

SECUVE Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 230.23 237.12 213.12 187.73 171.35

SECUVE Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 277.35 269.50 291.56 82.89 364.16

Competitive Comparison of SECUVE Co's Days Payable

For the Software - Infrastructure subindustry, SECUVE Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SECUVE Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, SECUVE Co's Days Payable distribution charts can be found below:

* The bar in red indicates where SECUVE Co's Days Payable falls into.



SECUVE Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

SECUVE Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (978.755 + 1012.069) / 2 ) / 2120.392*365
=995.412 / 2120.392*365
=171.35

SECUVE Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1012.069 + 0) / 1 ) / 253.6*365 / 4
=1012.069 / 253.6*365 / 4
=364.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SECUVE Co Days Payable Related Terms

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SECUVE Co (XKRX:131090) Business Description

Traded in Other Exchanges
N/A
Address
1010, Samsung IT Valley, 197-5, Guro 3(sam)-dong, Guro-gu, Seoul, KOR, 152-848
SECUVE Co Ltd commercialized Secure OS technology for the first time in Korea and is first in terms of market share in the industry as an information protection total solution company. The company also provides iGRIFFIN, an identity and access management solution for consolidated account management and access control; and LogGRIFFIN, a big data analysis and log management solution.

SECUVE Co (XKRX:131090) Headlines

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